IBT Staff Reporter

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Nissan Q3 falls but forecasts lifted on higher sales

Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese demand, but the decline was the slimmest among local automakers and it lifted its outlook on growing overseas sales.
Feb 09, 2011

Coca-Cola volume strong

Coca-Cola Co reported higher-than-expected quarterly sales, helped by its third straight quarter of sales growth in North America.
Feb 09, 2011

Apple commences iPad 2 production

Word is out that the much awaited tablet from Apple camp; the iPad 2 is under production, confirming earlier reports claiming that tablet is due for launch in April.
Feb 09, 2011

Britain's LSE in deal to buy Toronto exchange

The London Stock Exchange is to buy Canada's TMX stock exchange operator to create the world's fourth-largest trading center and claw back some of the market share it has lost in recent years.
Feb 09, 2011

House panel chief sees no future in new $53 bln high-speed rail plan

The White House unveiled plans to spend $53 billion over the next six years on bringing high-speed rail service to 80 percent of Americans within 25 years, though House Transportation Committee chairman John Mica and Railroads Subcommittee chairman Bill Shuster expressed reservations over its future benefit.
Feb 09, 2011

Stocks set to open lower as rally flags

Wall Street was set for a slight fall on Wednesday, after a strong run that has taken share prices to their highest levels in more than two and a half years, and with investors awaiting the latest batch of earnings in a reporting season in which most companies have beaten forecasts.
Feb 09, 2011

Sanofi says Genzyme bid talks progressing

Sanofi-Aventis reported progress in talks to buy U.S. biotech Genzyme and predicted 5-10 percent lower earnings in 2011, underscoring the French drugmaker's need to find new sources of revenue growth.
Feb 09, 2011

New details on Battlefield 3 surface

Just days after DICE formally confirmed the 2011 fall release of Battlefield 3, the media is abuzz with reports on new leaked details and speculations.
Feb 09, 2011

Nissan Q3 down 15 percent, ups forecast to match consensus

Nissan Motor Co's <7201.T> quarterly profit fell 15 percent on a stronger yen and sliding Japanese sales, but the decline was the slimmest among local automakers as a slew of new models helped Nissan beat the sector's growth in key markets.
Feb 09, 2011

DOE sets 1 million electric vehicles as target by 2015

The ambitious project of installing 1 million electric vehicles on American highways by 2015 is ambitious and also achievable based on steps already taken as part of the Recovery Act and additional policy initiatives proposed by President Obama, the US Department of Energy said in a statement today.
Feb 09, 2011

Stocks slip after China hike

World stocks fell from this week's 29-month high on Wednesday as China's interest rate rise prompted investors to book profits, while general optimism over global growth sent 10-year U.S. bond yields to nine-month highs.
Feb 09, 2011

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